Madoff, SEC & U.S. Attorney General, Oh My!

Madoff’s under house arrest & has interesting links to the SEC & the Attorney General. From Bloomberg: Bloomberg.com: Worldwide.

The SEC connection:

Eric Swanson, a former assistant director of compliance and examinations at the SEC, is married to Madoff’s niece, Shana, who was a compliance lawyer at the Madoff firm. Swanson left the SEC in August 2006 and is now the general counsel of Bats Trading Inc., the third-largest U.S. equity exchange by trading volume. [Bloomberg.com: Worldwide.]

The Attorney General connect:

“Like everyone else, we’re trying to sort out everything and learn the facts,” DiPascali’s lawyer, Marc Mukasey of Bracewell & Giuliani in New York, said in an interview, declining further comment.

U.S. Attorney General Michael Mukasey, Marc Mukasey’s father, has recused himself from the Justice Department’s investigation into Madoff’s alleged fraud, a department spokesman said today.

Michael Mukasey is a 1959 graduate of the Ramaz School, a modern Orthodox Jewish school in New York that invested as much as $6 million in a fund that invested with Madoff, said Kenny Rochlin, Ramaz’s director of institutional advancement. Mukasey’s wife, Susan, was headmistress of Ramaz’s Lower School for children in primary grades, Rochlin said. [Bloomberg.com: Worldwide.]

This story gets weirder with each new detail.  

Want to see the details of the case?  U.S. v. Madoff, 08-mag-2735
http://www.usdoj.gov/usao/nys/madoff.html

Aimee
“Aim for Answers” 

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